Category: Blockchain

Microsoft and NVIDIA Partner to Bring the Metaverse to the Cloud: The Next Wave in Computing

In what experts are now calling the next wave of computing, Microsoft and NVIDIA are partnering to bring their user base access to the industrial metaverse through the cloud. The collaboration will see NVIDIA and Microsoft deploy access to the metaverse on both Microsoft Azure services. In addition, the program will see the development of…

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Largest Asset Manager Blackrock Comments on Current Crypto Trends

In 2022, Blackrock, the largest asset manager, partnered with Coinbase, a cryptocurrency exchange platform, to offer crypto services to large institutional investors willing to invest in the crypto industry. In addition, this year CEO of Blackrock wrote an annual letter to Coinbase shareholders concerning his views on the significant trends that the crypto and blockchain…

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Latest Developments in Ripple vs. SEC Court Case

The crypto community awaits the decision in the ongoing lawsuit between the Securities Exchange Commission and Ripple. The summary judgment is anticipated to be delivered by the end of this month. According to a recent update, U.S. attorney Jeremy Hogan hinted in a tweet this month that Judge Analisa Torres, who is overseeing the case,…

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Justin Sun Is Bullish For Ethereum’s Latest Upgrade, Predicts Asset’s Jump To $1,650

The Saturday trading session did not bring anything but slight grief for the Ethereum (ETH) investors because of a minor dip. The investors were not glad as they had to digest the 0.81% decline in the trading price of Ethereum on Saturday. This wasn’t the only demise recorded by ETH in the recent sessions. A…

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Ethereum (ETH) Price Rises By 5% In A Single Week

Ether (ETH) the native cryptocurrency for the Ethereum blockchain has seen sideways movement in terms of its price. The recent fluctuations in the price of Ether (ETH) have given the cryptocurrency much-needed attention. Today, at the press time ETH was exchanging hands at $1,641, which means the price of the world’s second-largest cryptocurrency plunged by…

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Crypto Experts Speculate SEC’s Latest Actions Against Bitcoin To Be Coordinated Attacks

Currently, the US crypto market is facing immense pushback from financial regulatory authorities. One of the main reasons for the latest string of cases is that crypto exchanges are offering a staking feature. The Securities and Exchange Commission has decided to roll out regulations with regard to staking. Unfortunately, crypto investors and experts don’t agree…

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Shopify Releases Blockchain Tools For E-Commerce Merchants

Merchants on Shopify who are utilizing non-fungible tokens now have the power to control who is granted access to unique merchandise, special NFT releases, and exclusive perks through tokengating tools. These tools allow merchants to determine which token holders are eligible to access specific benefits, allowing them to create a more customized and personalized experience…

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Market Capitalization Of Ethereum NFTs Witnesses A Huge Decline In 2022

The performance of the entire crypto industry was on the edge throughout the year 2022. Every segment that the cryptocurrency industry has to offer faced major declines. Even the non-fungible token (NFT) sector that had recorded huge gains in the year 2021 saw its performance take a huge fall in 2022. The year 2022 is…

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JP Morgan Says Institutional Traders Moving From Blockchain to AI

JP Morgan, the global financial services giant, conducted a survey of institutional traders, which revealed that most of them believe artificial intelligence (AI) and machine learning would prove to be the most influential technology. They are of the opinion that this technology would help in shaping the future in the next three years. The institutional…

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Lens Protocol announces it is to Access Social Features of Web3

Consumers are demanding a greater degree of control over the data that they provide, which is putting pressure on social media networks. Can Web3 help? The majority of individuals all over the world utilize social media. The proliferation of social media platforms gives rise to problems. Problems arise as a result of the fact that…

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Global AUM Giant Fidelity Sets Foot in Digital Asset Industry

Fidelity Investments is one of the top entities in the world which single-handedly manages conventional assets worth more than $10 Trillion. It has been part of the corporate industry for several decades and is considered a financial giant throughout the world. Aimed with the objective of exploring a dynamic industry, Fidelity Investments has decided to…

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Fidelity Goes on a Trademarks Filing Spree for Metaverse Products and More

Fidelity Investments, a major Management, and Research (FMR) firm have made it to the headlines in the crypto world following its applications for trademarks. The entire cryptocurrency industry is surprised to learn that the firm has filed three different applications for trademarks. This means that the company has submitted a request for the approval of…

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Solana Blockchain to Become Less Attractive as Two NFT Projects Jump Ship

Although things were not going smoothly for the Solana blockchain since the beginning of 2022, it was something felt by the entire crypto industry. Just when the Solana blockchain thought it will be able to get through the difficult situation like the rest of the networks, it was hit by the FTX crash. Despite facing…

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Binance Is Coming Up With Education Program For Kazakhstan Based On Blockchain Technology

The Binance exchange is eager to bring in more cryptocurrency exposure to the entire world. Although the exchange has been making several attempts for that it needs other entities to show willingness. If Binance wants to bring cryptocurrencies and their exposure to the public, the people have to be open to that. Similarly, if Binance…

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A Platform Based On Solana Blockchain Faces A Major Attack, Ends Up Losing $2 Million

Raydium, a decentralized finance (DeFi) protocol based on the Solana blockchain has faced a major exploit. The protocol has ended up losing a huge amount as a result of the hack attack. Statement Issued by Raydium The officials at Raydium issued a statement in regard to the exploit. The teams revealed that the hack attack…

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Italy’s Banking And Insurance Markets To Be Supported By Algorand Blockchain

Italy has been looking forward to adopting blockchain technology and it aims to do it starting with banking and insurance solutions. As per reports, the country is looking forward to launching an innovative digital guarantee platform that would target the insurance and banking sectors. Italy Chooses Algorand Blockchain As per the reports, Italy has decided…

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Telegram Takes Blockchain Utility To Another Level Issuing No-Sim Accounts

Telegram, a major messaging application has made an announcement about launching a new utility for users. Telegram has announced that users will be able to open up an account with their platform without the need for a number. Telegram Launches Anonymous Blockchain Numbers The company has announced that users no longer have to worry about…

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Canada’s Biggest Pension Plan Ends Pursuit Of Crypto Investment

CPP Investments is the biggest pension fund in Canada and two people familiar with the matter said that it has now abandoned its efforts of studying investment opportunities in the unpredictable crypto market. However, the reasons behind CPPI’s decision to end its research into the crypto market were not made clear immediately. The pension fund…

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USDA: A Stablecoin Based on Cardano Scheduled to Debut In 2023

The United States Department of Agriculture (USDA) will debut on Emurgo in the first quarter of 2023. The Cardano blockchain’s official business arm and founding member is Emurgo. On the other hand, USDA is a controlled stablecoin anchored to the U.S. Dollar. The USDA will be the first stablecoin in the Cardano ecosystem. USDA Is…

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Sequans And Skyworks Have Unveiled The LTE-M/NB-IoT SiP

The SKY66431 has been introduced, according to a press release from Sequans Communications (NYSE: SQNS) and Skyworks Solutions (Nasdaq: SWKS). SKY66431’s Introduction and Its Capabilities The SKY66431 is a system-in-a-package (SiP) solution for the 5G M2M/Internet of Things market. Skyworks’ cutting-edge R.F. front-end technology is combined with Sequans’ cutting-edge Monarch 2 modem in this innovative…

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Helium And Solana Mobile Partners to Launch A Crypto Carrier 5G Network In U.S

An Overview The upcoming Helium 5G network will be supported by Solana Saga Smartphones. The company would combine the T-nationwide 5G network and the decentralized Helium 5G network to project the first crypto-powered cellular service. Saga phone users will earn tokens as a reward for using the Helium network. Helium Mobile, a decentralized crypto-automated wireless…

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